It’s time to share my Three Cents Worth (3CW) on Curbed NY, at the intersection of neighborhood and real estate in the capital of the world…and I’m here to take measurements.
Check out this week’s 3CW column on @CurbedNY:
Not a very original title, but after realizing the long weekend was unfairly ending after only three days, I took a look at the relationship between sales prices and rental prices through the “gross rent multiplier” aka GRM. I presented the relationship between median sales price and annualized median rental price since 1991 as a ratio…
[click to expand chart]
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Today’s Post: Three Cents Worth: The Manhattan GRM Is Too Damn High [Curbed]
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